$BTC I’m watching the sentiment on social media, especially around altcoins. Also reflecting on my own feelings. To be honest, at times like these, it really feels like these assets will never grow again — not even by 5,000%, but not even 100% from current levels.
This is probably how market psychology works when the exhaustion comes not from price action, but from time.
Some altcoins have been in a drawn-out sideways range for over 1,000 days.
And if you imagine we’ve been in a downtrend since May 2021, and you’re still here in the market — then if the market gives us a real move up, you’ll truly deserve to pat yourself on the back for your iron patience and endurance.
This cycle is definitely not as easy as the previous ones.